re: The White House Proposal: Increase spending, not cut it. (Posted on 11/29/12 at 4:50 pm to DeltaDoc)

quote:Unless the $1.6 is earmarked for debt reduction only, i.e., to apply directly to existing debt, the tax revenue literally has no positive effect for the country. One can assume they will spend it too on shite.

I hate to break the news to you, but the $1.6 trillion has already been spent. We're trying to figure out how to repay what we borrowed.

It doesn't do much good to devote more money to repaying what was borrowed if we are going to turn around and icrease our current borrowing.

re: The White House Proposal: Increase spending, not cut it. (Posted on 11/29/12 at 4:58 pm to DallasTiger11)

quote:as part of any "Fiscal Cliff" deal

The article doesn't mention this, but...

quote:The proposal, offered by Treasury Secretary Timothy Geithner as he made a round of meetings with congressional leaders in the Capitol Thursday, calls for increasing tax rates on incomes over $250,000, a one-year postponement of looming spending cuts in defense and domestic programs, and some $400 billion in savings over 10 years from Medicare and other entitlement programs.

So he is offering up cuts. This is part of negotiating. Of course he will be on high on the $ amount for revenue and low on savings. When negotiating you don't offer up the minimum you are willing to accept.

re: The White House Proposal: Increase spending, not cut it. (Posted on 11/29/12 at 5:08 pm to DEANintheYAY)

quote:So he is offering up cuts. This is part of negotiating. Of course he will be on high on the $ amount for revenue and low on savings. When negotiating you don't offer up the minimum you are willing to accept.

re: The White House Proposal: Increase spending, not cut it. (Posted on 11/29/12 at 5:13 pm to DEANintheYAY)

quote:This is part of negotiating. Of course he will be on high on the $ amount for revenue and low on savings. When negotiating you don't offer up the minimum you are willing to accept.

The problem I have with this statement, and this goes for both sides, is this isn't a car sales negotiation or a salary negotiation. This is the health of our country and the livelihood of millions of people. Quit using scare tactics and running mouths and actually go into a room, Constitution negotiating style, and don't leave until you work things out. If people brawl, yell, fight, spit so be it. At least they are being men about it, the media isn't involved, and something might actually happen for once.

I promise if they quit this media pissing match they are in and meet face to face for an extended period of time things will change. It is human nature.

re: The White House Proposal: Increase spending, not cut it. (Posted on 11/29/12 at 5:13 pm to DEANintheYAY)

quote:So he is offering up cuts. This is part of negotiating. Of course he will be on high on the $ amount for revenue and low on savings. When negotiating you don't offer up the minimum you are willing to accept.

I would like to see a table format for this, this text shite is easy to manipulate.

But I did read that 400B in spending cuts, but that is 40b a year. A fricking pittance. It needs to be like 500b a year!!!!!

re: The White House Proposal: Increase spending, not cut it. (Posted on 11/29/12 at 5:20 pm to DEANintheYAY)

Perhaps negotiate in good faith, maybe fricking act like a leader, drag both Ds and Rs into the White House and hammer out some basic guidelines for the fututre. No what we get is a lead from behind dip shite hauling arse to Hawaii and saying frick off bitched I won.